Estonia, EU – Baltic States, Good for Business, Mergers and take-overs, Technology
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Thursday, 28.03.2024, 11:27
Nortal to acquire software co and IT consultancy Schütze in Germany
"Schütze and Nortal join through similar DNA and values – both in how we conduct business as well as our organizational culture. We share a common belief in creating a meaningful impact for our customers by combining strategic consulting, data-driven technologies and software engineering to simplify and optimize complex processes," says founder and CEO of Nortal Priit Alamäe.
"Over the past few years, Nortal has built a growing local business in Germany, working with customers in healthcare, public and private sectors. I'm glad we have found an established partner with a strong local presence and a high-quality offering to accelerate growth," adds Nortal Germany Country Manager Taavi Einaste.
Nortal has been operating in Germany since 2018. Most recently, the company launched an award-winning pilot to manage digital prescriptions, paired with medical video consultations in the federal state of Hessen, together with Optica and other partners.
According to CEO of Schütze AG Ole Behrens-Carlsson, with the past 20 years, Schütze has established itself as a recognized, federal-level service provider in Germany. "We have assembled an exceptional team of world-class experts who collaborate with long-term customers to help them digitize their organizations, businesses and services," adds Behrens-Carlsson.
Schütze is known as the trusted partner for the federal administration in Germany in the introduction of electronic invoices. Additionally, Schütze is the market leader in Germany in providing and implementing trust centers to pseudonymize sensitive data in the eHealth sector.
"Tapping into Nortal's expertise as one of the main architects of eGovernment in Estonia, the company's global delivery presence, and expertise from Europe and the U.S., we can combine world-class public sector know-how, enhance our healthcare offering and expand our services to industry and manufacturing sectors in Germany," adds Behrens-Carlsson.
According to Alamäe, Schütze and Nortal will continue to invest in the long-term strategic relationships with customers in Germany, expand a joint-offering portfolio and drive new business opportunities.
Nortal and Schütze will merge their current management and teams in Germany, becoming the foundation for Nortal's expansion. Schütze AG CEO, Ole Behrens-Carlsson, will lead the joint business in Germany as part of the Nortal brand and become a member of the Group Leadership Team.
"Ole has the track record and breadth of experience we believe to be critical to take our business forward in Germany and lead the organization," adds Alamäe.
With a merged team in Germany and an expanding global distributed delivery team in the U.S. and Europe, Nortal can offer customers in Germany the unique combination of best-in-class expertise across disciplines and domains.
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